Emerald Acquisition Ltd. acquired a new position in Nielsen NV (NYSE:NLSN) during the second quarter, Holdings Channel reports. The institutional investor acquired 33,202 shares of the company’s stock, valued at approximately $1,725,000.
Other hedge funds also recently bought and sold shares of the company. State Street Corp boosted its position in shares of Nielsen NV by 0.6% in the first quarter. State Street Corp now owns 13,343,984 shares of the company’s stock worth $702,701,000 after buying an additional 80,073 shares during the last quarter. BlackRock Institutional Trust Company N.A. boosted its position in shares of Nielsen NV by 2.1% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 9,641,501 shares of the company’s stock worth $507,721,000 after buying an additional 202,308 shares during the last quarter. Jackson Square Partners LLC boosted its position in shares of Nielsen NV by 724.3% in the first quarter. Jackson Square Partners LLC now owns 9,298,023 shares of the company’s stock worth $556,276,000 after buying an additional 8,169,990 shares during the last quarter. Alecta Pensionsforsakring Omsesidigt boosted its position in shares of Nielsen NV by 12.5% in the second quarter. Alecta Pensionsforsakring Omsesidigt now owns 5,719,000 shares of the company’s stock worth $297,159,000 after buying an additional 635,000 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in shares of Nielsen NV by 2.9% in the second quarter. American Century Companies Inc. now owns 4,374,097 shares of the company’s stock worth $227,322,000 after buying an additional 123,235 shares during the last quarter. 92.33% of the stock is owned by institutional investors.
Shares of Nielsen NV (NYSE:NLSN) traded down 0.15% on Monday, hitting $53.49. 1,473,530 shares of the stock traded hands. Nielsen NV has a 52-week low of $42.90 and a 52-week high of $55.94. The stock has a market cap of $19.11 billion, a P/E ratio of 32.34 and a beta of 0.83. The stock’s 50 day moving average price is $52.82 and its 200 day moving average price is $52.87.
Nielsen NV (NYSE:NLSN) last released its earnings results on Tuesday, July 26th. The company reported $0.71 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. The firm earned $1.60 billion during the quarter, compared to analyst estimates of $1.61 billion. Nielsen NV had a net margin of 9.71% and a return on equity of 21.08%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business earned $0.66 EPS. On average, equities analysts expect that Nielsen NV will post $2.87 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, September 8th. Stockholders of record on Thursday, August 25th were issued a $0.31 dividend. The ex-dividend date of this dividend was Tuesday, August 23rd. This represents a $1.24 annualized dividend and a dividend yield of 2.31%. Nielsen NV’s dividend payout ratio (DPR) is presently 75.61%.
A number of brokerages recently commented on NLSN. BMO Capital Markets cut shares of Nielsen NV from an “outperform” rating to a “market perform” rating and set a $56.00 target price on the stock. in a research report on Friday, July 22nd. They noted that the move was a valuation call. Pivotal Research reiterated a “hold” rating on shares of Nielsen NV in a research report on Tuesday, July 26th. Bank of America Corp. reiterated a “buy” rating on shares of Nielsen NV in a research report on Wednesday, June 15th. JPMorgan Chase & Co. boosted their price objective on shares of Nielsen NV from $60.00 to $64.00 and gave the company an “overweight” rating in a research report on Wednesday, July 27th. Finally, Barclays PLC restated a “buy” rating on shares of Nielsen NV in a research report on Saturday, July 9th. Five analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Nielsen NV currently has a consensus rating of “Buy” and a consensus price target of $57.13.
In related news, insider Giovanni Tavolieri sold 7,883 shares of the firm’s stock in a transaction dated Thursday, August 11th. The shares were sold at an average price of $52.76, for a total value of $415,907.08. Following the transaction, the insider now owns 21,417 shares of the company’s stock, valued at approximately $1,129,960.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director David L. Calhoun sold 105,441 shares of the firm’s stock in a transaction dated Thursday, August 4th. The stock was sold at an average price of $52.97, for a total transaction of $5,585,209.77. Following the completion of the transaction, the director now directly owns 941,446 shares in the company, valued at approximately $49,868,394.62. The disclosure for this sale can be found here. 1.20% of the stock is currently owned by insiders.
About Nielsen NV
Nielsen N.V. (Nielsen), formerly Nielsen Holdings N.V., is an information and measurement company. The Company is engaged in providing clients with an understanding of consumers and consumer behavior. The Company delivers media and marketing information, and analytics on a global and local basis. Nielsen operates through two business segments: Buy and Watch.
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